NATWEST GROUP PLC -SPON ADR (NWG) Stock Technical Analysis
NYSE:NWG - New York Stock Exchange, Inc. - US6390572070 - ADR - Currency: USD
Overall NWG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NWG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NWG did better than 94% of all other stocks. We also observe that the gains produced by NWG over the past year are nicely spread over this period.
NWG is part of the Banks industry. There are 395 other stocks in this industry. NWG outperforms 98% of them.
NWG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NWG is leading the market.
In the last month NWG has a been trading in the 12.61 - 14.41 range, which is quite wide. It is currently trading near the high of this range.
NWG has an average volume of 5220090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NWG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.22
14.31
When analyzing the support we can see 6 important areas.
- A support zone ranging from 12.60 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.71 from a trend line in the weekly time frame.
- Support @11.32 from a trend line in the daily time frame.
- A support zone ranging from 10.64 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.86 from a trend line in the daily time frame.
- Support @9.31 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NWG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NWG is up. |
| ChartMill Relative Strength | 94.67 | POSITIVE | NWG has a high relative strength, it outperformed 94.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.22 | OVERBOUGHT | The high RSI value suggests NWG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NWG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.59 | OVERBOUGHT | The high Stochastics value suggests NWG may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for NWG suggests low volalility. |
| Average Directional Index/ADX (14) | 30.24 | POSITIVE | The high ADX value value for NWG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.17
-0.09 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.63%
1 Week1.65%
2 Weeks8%
1 Month7.84%
3 Month15.86%
6 Month37.04%
12 Month71.55%
2 Year119.01%
3 Year142.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.73%
ATR Inc-23.01%
Range Today0.15
ADR(20)0.18
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.67
Mansfield3.31
10 Day High14.42
10 Day Low13.18
20 Day High14.42
20 Day Low12.61
52 Week High14.42
52 Week Low7.8
CS1 End12.78
CR1 StartN/A
Volume & EV
DER(3)1.58%
DER(5)0.93%
Volume3.94M
Volume Incr-13.83%
Vol(5)4.71M
Vol(50)5.22M